This is actually my first post on allnurses.com. Currently, I am a licensed psychotherapist working for the U.S. Army's addiction clinic. At my current work site, a recent legislation was passed that anyone possessing a LPC or LMHC license would have difficulty moving into management positions. I have encountered this at several places I've worked in for the federal government.
Actually, this worked out because I was thinking about going back to school anyway. I've grown a great interest in the psychiatric nurse practitioner route and wanted to ask a few questions. What does the current market look like for employment, salary available, and job flexibility?
I don't want to make the mistake of getting the wrong degree or license and hear that I will never be able to move up in any company I work for. Also, can psychiatric nurse practitioners be employed overseas by different organizations other than military branches?
I looked at the U.S. embassy positions but they only hire family nurse practitioners and MD Psychiatrists. Any advice would be appreciated.
Statistically, Psych NPs are the second highest paid advanced practice nurses (after CRNAs). The market is actually pretty darn good, as far as I can tell. Especially now that health insurance is required to cover mental health/addictions (thanks to the new healthcare act). Also, the fact that psychiatry is an unpopular specialty and a large portion of psychiatrists are 55+ and nearing retiring age, well you can see how things look like they should be getting even better.
HOWEVER - this can be very regional. I've heard really good things about the pacific northwest, southwest (New Mexico/Arizona), and the northeast. I'm not so sure about other areas of the country.
Also, one thing that's neat is in an independent practice state you can set up your own practice with little overhead compared to almost all other medical specialties.
Last edit by myelin on Jul 12, '12
Jul 13, '12
Quote from myelin
I know you have mentioned low offers before, but you're in the South, right?
Well...I have been looking for jobs in other parts of the country as well. And I am probably going accept an offer with subjectively
low pay and this's not from the south.
I know FNP who makes six figure out of school. Psych NPs do not
get pay more than other specialties. Demand does not always dictate the salary, especially with insufficient reimbursement for medicaid patient (I think). Yes, I do get a few job offers but I am also rejected by many jobs. I am connected with a recruiter from AZ but they didn't get back to me. So I guess.. either I am unqualified or the demand is not great....
Last edit by harmonizer on Jul 13, '12